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russia's economy is growing faster than the united states and that a weak economy means weak national security. it's no surprise he tailored that message that this audience. suzanne, from a pure political standpoint, if mitt romney can't flip virginia back to the republican column -- as we know president obama won four years ago here. if he can't do that, it's going to be very tough. these are states that romney has to flip back to the republican column if he wants to be elected president. >> jim, one of the things i noticed, too, that's different here, virginia's unemployment rate is much lower than the national average. you're talking about a national average of over more than 8%, virginia hovering in the 5% range or so. is his message of creating more jobs. is that really going to resonate in virginia? >> reporter: that is why i think, suzanne, we heard him talking about defense jobs. as he was putting it here a few moments ago, if the sequestration cuts happen -- you hear it here in the local media. while the economy is doing quite well, better than the national average. we heard
russia's economy is growing faster than the united states and that a weak economy means weak national security. it's no surprise he tailored that message that this audience. suzanne, from a pure political standpoint, if mitt romney can't flip virginia back to the republican column -- as we know president obama won four years ago here. if he can't do that, it's going to be very tough. these are states that romney has to flip back to the republican column if he wants to be elected president....
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Sep 27, 2012
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. >> we have to get this economy going again. >> campaigns go ahead to head. what the numbers mean. >> and if romney can win without ohio and the big names. things get lively. you want to make farming sexy. >> the whole world is coming here and you are screwing up the traffic. >> this is piers morgan tonight. >> good evening. ahmadinejad made the speech. relatively low key and dare i say almost reasonable. and to blame israel. >> testing generations of weaponry and the pledge to disclose this ordinance and the time is being used as neo language of threat against nations to course them into accepting era. continue threat by the those to resort to military action of this bitter reality. >> economist of the "new york times" and having turned into a series on pbs, and nick joins me now. which over way you look at him and think of him, he is a man that commands attention. oddly today, he seemed to be on his best behavior. what do you read into that. >> you said his speech was reasonable by oc ma din jod standards. it is a little bit rich. but, i think that he has b
. >> we have to get this economy going again. >> campaigns go ahead to head. what the numbers mean. >> and if romney can win without ohio and the big names. things get lively. you want to make farming sexy. >> the whole world is coming here and you are screwing up the traffic. >> this is piers morgan tonight. >> good evening. ahmadinejad made the speech. relatively low key and dare i say almost reasonable. and to blame israel. >> testing generations of...
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Sep 26, 2012
09/12
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we really have to look at this man in terms of his economy, which is in very, very serious trouble. so he can bluster, he can threaten. of course a big issue is his nuclear program, etc. but in the end he's a man in trouble. he's going to be out of office in june. right now he has high unemployment, high inflation because of sanctions. they can't sell their oil very well. there are a lot of problems on his plate. >> this may be his swan song, but what do you expect will be his main mission at that lectern today? fire and brim stone to make people back home happy or maybe a legacy among all of these world leaders? a legacy among the u.n.? >> you know, i think actually it could be that legacy because after all he thinks of himself as a world states man and a leader of the country. he is a leader for the nonaligned nations. he thinks of himself as a leader of those people, those countries. his message is the united states is oppressing the world. it is, you know, an imperial list country and i, the leader of iran, am leading the charge against imperialism. so i think you're going to he
we really have to look at this man in terms of his economy, which is in very, very serious trouble. so he can bluster, he can threaten. of course a big issue is his nuclear program, etc. but in the end he's a man in trouble. he's going to be out of office in june. right now he has high unemployment, high inflation because of sanctions. they can't sell their oil very well. there are a lot of problems on his plate. >> this may be his swan song, but what do you expect will be his main...
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every free economy has good regulations. at the same time, it could be become excessive. >> is it engs cessive now? >> in some places. and out of date. in some legislation passed during the president's term, have you seen regulation become excessive and it's hurt the economy. let me give you an example. dodd frank passed and includes within it a number of provisions that i think has a number of consequences. banks too big to fail. this is the billinge ebiggest k york banks i have ever seen. 122 community and small banks have closed since dodd-frank. there is one example. >> you want to repeal dodd-frank? >> repeal and replace it. we're not getting rid of all regulation. there are some parts of dodd-frank that make all the sense in the world. you need transparency, you need to have leverage limits for -- >> here is the specific -- >> excuse me. >> let's talk about the big one. >> no, let's not. let's let him respond, let's let him respond to dodd frank and what the governor said. >> i think this is a great example, the reason
every free economy has good regulations. at the same time, it could be become excessive. >> is it engs cessive now? >> in some places. and out of date. in some legislation passed during the president's term, have you seen regulation become excessive and it's hurt the economy. let me give you an example. dodd frank passed and includes within it a number of provisions that i think has a number of consequences. banks too big to fail. this is the billinge ebiggest k york banks i have...
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Sep 27, 2012
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i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. ♪ atmix of energies.ve the world needs a broader that's why we're supplying natural gas to generate cleaner electricity... that has around 50% fewer co2 emissions than coal. and it's also why, with our partner in brazil, shell is producing ethanol - a biofuel made from renewable sugarcane. >>a minute, mom! let's broaden the world's energy mix. let's go. that's a dead end. ...don't know which way to turn. [ under his breath ] this way... turn around. that's why we present people with options... to help them find coverage that fits their needs. almost there. [ announcer ] we are insurance. -woo! ♪ we are farmers bum-pa-dum, bum-bum-bum-bum ♪ >>> a lot of big ideas from my all star panel. princess ameerah al-taweel and deepak chopra and wesley clark and will.i.am. >> your special interest i
i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. ♪ atmix of energies.ve the world needs a broader that's why we're supplying natural gas to generate cleaner electricity... that has around 50% fewer co2 emissions than coal. and it's also why, with our partner in brazil, shell is...
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Sep 29, 2012
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. >> -- make sure america leads in our homes, in our economy and in our military. i need something from you. that's my commitment to you. i need you to go out and find somebody who voted for barack obama and get him to vote for me. >> he's down but not out. can he turn it around with an october surprise? let's welcome stephanie cutter. it's going reasonably well for you guys. it's been a good couple weeks, really since the conventions. you've got a bit of momentum but i guess you're not taking this too complacently. >> no, absolutely not, piers. you know, debates can be a pivotal moment in campaigns. i remember eight years ago when john kerry was getting ready to debate george bush, we were eight points down. coming out of that first debate we were tied with george bush. so there is an opportunity for mitt romney if he takes advantage of it next wednesday night, to turn the momentum around. he not only has to win this debate but has to change the dynamics in this race. we know he's going to show up prepared, disciplined and aggressive, even tim pawlenty said that h
. >> -- make sure america leads in our homes, in our economy and in our military. i need something from you. that's my commitment to you. i need you to go out and find somebody who voted for barack obama and get him to vote for me. >> he's down but not out. can he turn it around with an october surprise? let's welcome stephanie cutter. it's going reasonably well for you guys. it's been a good couple weeks, really since the conventions. you've got a bit of momentum but i guess you're...
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the economy is still growing slow. as a matter of fact, it's growing much more slowly now than when you made the statement. if you believe the same thing, you don't want to raise taxes on people. and the reality is, it's not just wealthy people, not just donald trump are you taxing. it's all the businesses that employ one quarter of the workers in america, that are taxes as individuals. you raise taxes and you kill jobs. that's why the national federation of independent businesses say your plan will kill 700,000 jobs. i don't want to kill jobs in this environment. i want to make one more point. >> let him answer the tax thing for a moment. >> okay. >> mr. president. >> well, we've had this discussion before. >> well, in order -- about the idea to reduce the deficit, there has to be revenue in addition to cuts. >> there has to be revenue in addition to cuts. >> mr. romney has rule out revenue. >> look, the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth and balanc
the economy is still growing slow. as a matter of fact, it's growing much more slowly now than when you made the statement. if you believe the same thing, you don't want to raise taxes on people. and the reality is, it's not just wealthy people, not just donald trump are you taxing. it's all the businesses that employ one quarter of the workers in america, that are taxes as individuals. you raise taxes and you kill jobs. that's why the national federation of independent businesses say your plan...
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Sep 28, 2012
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everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers. mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? with a vial and syringe. me, explaining what i was doing at breakfast. and me discovering novolog mix 70/30 flexpen. flexpen is pre-filled with your pre-mix insulin. dial the exact dose. inject by pushing a button. no vials, syringes or coolers to carry. flexpen is insulin delivery my way. novolog mix 70/30 is an insulin used to control high blood sugar in adults with diabetes. do not inject if you do not
everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers....
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Sep 29, 2012
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i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and save you up to thousands of dollars in out-of-pocket costs. call today to request a free decision guide to help you better understand what medicare is all about. and which aarp medicare supplement plan works best for you. with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all tra
i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company....
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Sep 26, 2012
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the economy has shrunk 20% in the last five years. that will be 25% by the end of mechanics year. >> you talk about suicides. who is taking their lives? >> people who end up with nothing. these people who have lost their jobs, will lose their homes. you are talking about huge numbers of people. this is not just small numbers of people. i heard an interesting story today. under the way greece is set up too, if you are unemployed and your dad dies and leaves you the family home, when you get that home, that is counted as income in greece. you will be taxed on that home month to month, so not only do you not have a job job, you can't sell it because the company country is in the toilet, but now you are getting bills. >> it's really discouraging situation. >> family tension. >> when we see these pictures today, michael, do you think we're going to see these pictures or are we going to see more and more of this in the days and weeks to come? >> we've seen in the months in the past two too. this isn't over by a long shot. i mean, greece is
the economy has shrunk 20% in the last five years. that will be 25% by the end of mechanics year. >> you talk about suicides. who is taking their lives? >> people who end up with nothing. these people who have lost their jobs, will lose their homes. you are talking about huge numbers of people. this is not just small numbers of people. i heard an interesting story today. under the way greece is set up too, if you are unemployed and your dad dies and leaves you the family home, when...
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Sep 29, 2012
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we live in a global economy. we can't change that. the best thing we can do to bring middle class america back is have economic growth. we won't have that until we have some kind of political leadership. i'm particularly talking about congress to set tax policies and get us out of this constant deficit. >> that's a very good point, why we brought up the fiscal cliff, quite frankly, you're seeing these little signs of life in the housing market, this fiscal cliff comes from elected officials. >>> don't go away, we will talk about the middle class itself and why your trip to the mall this weekend may be subsidizing your own demise. st plug is into, and your good driving can save you up to 30%. you could even try it without switching your insurance. why not give it a shot? carry on. now you can test-drive snapshot before you switch. visit progressive.com today. and the family car to do an experiment. we put a week of her family's smelly stuff all in at once to prove that febreze car vent clips could eliminate the odor. then we brought he
we live in a global economy. we can't change that. the best thing we can do to bring middle class america back is have economic growth. we won't have that until we have some kind of political leadership. i'm particularly talking about congress to set tax policies and get us out of this constant deficit. >> that's a very good point, why we brought up the fiscal cliff, quite frankly, you're seeing these little signs of life in the housing market, this fiscal cliff comes from elected...
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. >> president obama and the economy. how is he managed to avoid public retribution for not fixing the economy? >> it's not a normal thing. >> the extraordinary work of a clinton initiative. >> keep pushing the rocks up the hill. >> big ideas from the big names. dee pock chopra, things get lively at the global initiative. you want to make farming sexy, don't you? this is "piers morgan tonight." >>> mr. president, thank you very much for sparing the time to talk to me. you are in the eighth year now, of the clinton global initiative. i would imagine all the world leaders you managed to amass here, there are a few topics of concentrated attention. probably right at the top of the list would be this simmering tension between israel and iran. now, i interviewed president ahmadinejad last night and he was adamant that he has no plan to build a nuclear weapon, that he has purely peaceful intention. clearly, most people here don't believe him. what is the smart thing for america to do right now, given the ratcheting up of the rh
. >> president obama and the economy. how is he managed to avoid public retribution for not fixing the economy? >> it's not a normal thing. >> the extraordinary work of a clinton initiative. >> keep pushing the rocks up the hill. >> big ideas from the big names. dee pock chopra, things get lively at the global initiative. you want to make farming sexy, don't you? this is "piers morgan tonight." >>> mr. president, thank you very much for sparing...
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our economy doesn't belong to just us anymore. it is a global economy. the next hour of "cnn newsroom" begins right now. >>> stoeshz we're watching right now in the newsroom, more u.s. staff leaving the embassy in tripoli, libya, as u.s. investigators try to figure out who is responsible for the attack in benghazi that killed the u.s. ambassador. a film maker hated by millions because of his anti-islam film is in jail. not because of the movie. really. the jimmy hoffa mystery solved? this is a live look at the suburban detroit home where investigators are digging right now. more from the scene in a bit. >>> get your flag pins and sense of pride. we're talking economic patriotism on the campaign trail. newsroom starts now. >>> good morning. happy friday to you. i am carol costello. we begin this hour, new intrigue in one of the most iconic crime mysteries in u.s. history. police in the detroit suburb of roseville may be breaking new ground in the 1975 disappearance of the former union boss jimmy hoffa. minutes ago crews began drilling a core sample from w
our economy doesn't belong to just us anymore. it is a global economy. the next hour of "cnn newsroom" begins right now. >>> stoeshz we're watching right now in the newsroom, more u.s. staff leaving the embassy in tripoli, libya, as u.s. investigators try to figure out who is responsible for the attack in benghazi that killed the u.s. ambassador. a film maker hated by millions because of his anti-islam film is in jail. not because of the movie. really. the jimmy hoffa mystery...
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Sep 26, 2012
09/12
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we're going to do the things that ignite this economy. those five things i describe will get america's economy going again, will help people find jobs that need those jobs. we'll get take-home pay to come up again. this is not a mystery. we know how to do it. america has faced challenges before. when we have strong leaders, when we have people who know how to lead and will lead we can get it done. and i am and we will. [ cheers and applause ] [ mitt mitt mitt mitt mitt mitt mitt crowd chanting ] >> i believe in america. and i believe in you. i believe you're going to help me win ohio. i'll tell you that. all right. we love this country. we know what it stands for. we know the power of freedom. we take very seriously the declaration of independence and the constitution. >> mitt romney appearing right now in toledo, ohio before an absolutely raucous crowd there, telling the crowd getting applause for the line "i know the president cares about the people of america he just doesn't know how to help them and i do." >> happening now, mitt romne
we're going to do the things that ignite this economy. those five things i describe will get america's economy going again, will help people find jobs that need those jobs. we'll get take-home pay to come up again. this is not a mystery. we know how to do it. america has faced challenges before. when we have strong leaders, when we have people who know how to lead and will lead we can get it done. and i am and we will. [ cheers and applause ] [ mitt mitt mitt mitt mitt mitt mitt crowd chanting...
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Sep 28, 2012
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everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank.
everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank.
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Sep 27, 2012
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we had thought that the economy grew 1.7%, which is relatively slow. india's growing about 6%, china more than 7%. what we learned today is, again, this is one of those revisions that the government does. we found out that the growth was substantially slower, 1.3%. that of course has got the republicans talking. mitt romney put out a statement to say that the obama economy is stuck in neutral. in fairness, 1.3% isn't neutral, but it's not gang busters. we should be running at 3% or higher to be a healthy economy and recover all the jobs that have been lost. >> let's hope it gets to that level. a lot of people are counting on it. ali, thanks very much. >> my pleasure. >>> with only 40 days to the election, people across the country are focusing in on the presidential race. while we can't keep track of all the water cooler debates, we have some exclusive eye-opening data about political discussions on the world's biggest social network, we're talking about facebook. let's bring in mark preston, he's taking a closer look. mark, tell our viewers what you'r
we had thought that the economy grew 1.7%, which is relatively slow. india's growing about 6%, china more than 7%. what we learned today is, again, this is one of those revisions that the government does. we found out that the growth was substantially slower, 1.3%. that of course has got the republicans talking. mitt romney put out a statement to say that the obama economy is stuck in neutral. in fairness, 1.3% isn't neutral, but it's not gang busters. we should be running at 3% or higher to be...
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Sep 26, 2012
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call or come in today to take control of your personal economy. get one-on-one help from america's retirement leader. woman: what do you mean, homeowners insurance doesn't cover floods? [ heart rate increases ] man: a few inches of water caused all this? [ heart rate increases ] woman #2: but i don't even live near the water. what you don't know about flood insurance may shock you -- including the fact that a preferred risk policy starts as low as $129 a year. for an agent, call the number that appears on your screen. >>> our second story "outfront," mitt romney and president clinton playing. playing nice. the former president gave romney a warm introduction today at the clinton global initiative. actually praising a service program that the republican had supported. and romney returned the favor. >> if there's one thing we've learned in this election season, by the way, it is that a few words from bill clinton can do a man a lot of good. [ laughter ] >> sort of a double-edged sword there, but nonetheless, a fun laugh line. romney went on to lay o
call or come in today to take control of your personal economy. get one-on-one help from america's retirement leader. woman: what do you mean, homeowners insurance doesn't cover floods? [ heart rate increases ] man: a few inches of water caused all this? [ heart rate increases ] woman #2: but i don't even live near the water. what you don't know about flood insurance may shock you -- including the fact that a preferred risk policy starts as low as $129 a year. for an agent, call the number that...
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Sep 29, 2012
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, and in his understanding of what's missing right now in the economy. you know, the pieces that are missing to get this jump started. so, for me, i think it would just be the emotional part of it. >> much more on the presidential race later in the show, including a look ahead at the upcoming presidential debate. >>> and a consultant for congressman todd aciken is comparing him to the 1993 waco, texas, incident. he refused to drop out of the missouri senate race despite calls from top republicans to do so. he came under fire saying that women can biologically prevent pregnancy after a rape. told the washington watch weekly that aiken was successful in his holdout. >> the first day or two were, it was like the waco with david koresh situation where they're trying to smoke him out with the s.w.a.t teams and the helicopters and the bad nancy sinatra records. then here comes day two and you realize the guy's not coming out of the bunker. >>> and we've got much more ahead this hour. >> here's what's coming up. >>> the battle over voter i.d. is heating up acro
, and in his understanding of what's missing right now in the economy. you know, the pieces that are missing to get this jump started. so, for me, i think it would just be the emotional part of it. >> much more on the presidential race later in the show, including a look ahead at the upcoming presidential debate. >>> and a consultant for congressman todd aciken is comparing him to the 1993 waco, texas, incident. he refused to drop out of the missouri senate race despite calls...
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Sep 28, 2012
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i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's your "honk if you had an affair with taylor" yard sign. looks good. [ male announcer ] fedex office. now save 50% on banners. ♪ ♪ one, two, three, four ♪ you say ♪ flip it over and replay ♪ we'll make everything okay ♪ walk together the right way ♪ do, do, do, do [ laughing ] [ laughing ] [ laughing ] [ laughing ] ♪
i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop...
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Sep 27, 2012
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economy grew even slower in the second quarter than initially reported. ring the opening bell is tony bass, president and ceo of the sm energy company. >>> is your money you will haver in trouble a cybersnake according to the "new york times," banks like jpmorgan chase are coordinating with the homeland security department after a string of cyberattacks hit american financial institutions the past two weeks. an attack is expected today on pnc financial services. >>> taken 35 years of research. another painting is larger than the famous version hanging in paris and believed to be ten years old there are some people who doubt it was actually da vinci's work. >>> you know about the nation's war on drugs, not only ruled the headlines but echoed from the oval office to the campaign trail. what is the nation's anti-drug strategy now? cnn's john zarrella continues our week-long look at the issues, big and small, of the presidential elength. >> reporter: a fishing trawler tries outrunning a coast guard cutter. the crew of the cutter fires its 50-caliber machine g
economy grew even slower in the second quarter than initially reported. ring the opening bell is tony bass, president and ceo of the sm energy company. >>> is your money you will haver in trouble a cybersnake according to the "new york times," banks like jpmorgan chase are coordinating with the homeland security department after a string of cyberattacks hit american financial institutions the past two weeks. an attack is expected today on pnc financial services. >>>...
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Sep 30, 2012
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economy that can't get its footing. consumers are feeling more upbeat and an improvement in housing probably has a lot to do with that. we just talked about the threat of the fiscal cliff, the u.s. centered storm, but we cannot ignore the head winds coming from europe. joining me now to debate this topic is host of "quest heemean business" on cnn international. richard, the question is will europe derail a u.s. recovery? give me 60 seconds on the clock starting right now. richard, the answer is categorically, absolutely yes. the storm hanging over europe just won't go away, and each day that it stays there is another day that europeans who have been among the biggest and best consumers of u.s.-produced goods and services are buying fewer and fewer of them despite two years of bad governance and poor decision making in europe, americans are sortly weirdly feeling better about their own economy. richard, evidenced by this week's consumer spending and housing numbers, but cheap money and low home prices are driving the ame
economy that can't get its footing. consumers are feeling more upbeat and an improvement in housing probably has a lot to do with that. we just talked about the threat of the fiscal cliff, the u.s. centered storm, but we cannot ignore the head winds coming from europe. joining me now to debate this topic is host of "quest heemean business" on cnn international. richard, the question is will europe derail a u.s. recovery? give me 60 seconds on the clock starting right now. richard, the...
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i'll call it the economy tax. it's been crushing. >> let's talk about taxes, because i think it's instructive. now, four years ago when i stood on this stage, i said that i would cut taxes for middle class families, and that's exactly what i did. we cut taxes for middle class families by about $3,600, and the reason is because i believe that we do best when the middle class is doing well. >> that was just a couple of highlights from last night's presidential debate. we're going to go more than just play soundbytes. we're going to replay the entire debate next hour of cnn newsroom, so you can judge for yourself just how the candidates performed. which candidate would do a better job of growing a sluggish economy? voters, they're looking for answers. last night's debate, did they actually even get them? we're going to bring in our cnn chief business correspondent alshi velshi. an incredible debate. ali, i want to start off with you first. >> yeah. >> one of the things that mitt romney was very consistent on, the mes
i'll call it the economy tax. it's been crushing. >> let's talk about taxes, because i think it's instructive. now, four years ago when i stood on this stage, i said that i would cut taxes for middle class families, and that's exactly what i did. we cut taxes for middle class families by about $3,600, and the reason is because i believe that we do best when the middle class is doing well. >> that was just a couple of highlights from last night's presidential debate. we're going to...
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the damage done to the economy could not be fully repaired in four years. and most of the debt that's been run up on his watch is a direct result of the economic collapse. first the recession that began in 2007 and the economic collapse that happened in 2008, which has driven tax revenues below 15% of income for the first time in 50 years and driven spending above 21% of income because so many people are on unemployment and food stamps and medicaid, medical assistance. if we had, when the economy recovers, a higher rate of growth, which it will in a year or so, what's going to happen is nothing happen. tax receipts go up 17%. spending will drop to under 21%. there will still be a substantial deficit, but it will be smaller. president obama's main contribution to this $16 billion debt, which is a trillion dollar debt, a ten-year figure projecting out ten years was the stimulus bill, which is $800 billion, which i believe was a good thing to do. i think that might be bigger without it. it kept people working and paying taxes and off the government payrolls. b
the damage done to the economy could not be fully repaired in four years. and most of the debt that's been run up on his watch is a direct result of the economic collapse. first the recession that began in 2007 and the economic collapse that happened in 2008, which has driven tax revenues below 15% of income for the first time in 50 years and driven spending above 21% of income because so many people are on unemployment and food stamps and medicaid, medical assistance. if we had, when the...
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health care program going and have everyone be on the same page and we've got to go and stimulate the economy to get our gdp again up to 4% or 5% increase every year, and to really fix our immigration problem that they have been promising us for 10, 15 years they're going to do. it's not just they say we're going to fix that but i want to know exactly how. how are they going to bring both of the parties together, sit down and really have a serious discussion and compromise rather than getting stuck in the idealogical corners. that is really the most important thing because in washington right now, nothing is happening. we haven't even had a budget in the last three years. >> romney has been hammered a lot for being very rich and a successful businessman. people using that against him, saying as many jobs as he made, he wrecked and so on. what have you made of that, somebody who is a very rich, successful man yourself, are you surprised that in america, the country that gave you the opportunity to become what you are, that they would now turn on somebody for being what used to be the great ame
health care program going and have everyone be on the same page and we've got to go and stimulate the economy to get our gdp again up to 4% or 5% increase every year, and to really fix our immigration problem that they have been promising us for 10, 15 years they're going to do. it's not just they say we're going to fix that but i want to know exactly how. how are they going to bring both of the parties together, sit down and really have a serious discussion and compromise rather than getting...
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of the economy right now? is there too much? and in your case, mr. president, should there be more? beginning with you, this is not a new two-minute segment. we'll go for a few minutes and then we're going to go to health care. okay? >> regulation is essential. you can't have a free market work if you don't have regulation. as a business person, i had to have -- i needed to know the regulations. i needed them there. you couldn't have people opening up banks in their garage and making loans. you have to have regulations so that you can have an economy work. every free economy has a good regulation. at the same time, regulation can become excessive. >> is it successful now? >> in some places, yes. it could become out of date. what's happening with some of the legislation passed during the president's term, you've seen regulation become excessive and it's hurt the economy. dodd-frank was passed, and it includes provisions that have it telling banks too big to fail. this is the biggest kiss that's been given to ne
of the economy right now? is there too much? and in your case, mr. president, should there be more? beginning with you, this is not a new two-minute segment. we'll go for a few minutes and then we're going to go to health care. okay? >> regulation is essential. you can't have a free market work if you don't have regulation. as a business person, i had to have -- i needed to know the regulations. i needed them there. you couldn't have people opening up banks in their garage and making...
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and that's our economy. you have to have a strong economy. >> president obama was rallying supporters in virginia beach. that was a couple minutes ago. he talked about creating opportunities for everybody. >> we don't believe anybody is entitled to success in this country. we don't believe government should help folks who aren't willing to try to help themselves. but we do believe in something called opportunity. we do believe in a country where hard work pays off, where responsibility is rewarded, where everyone gets a fair shot and everybody is doing their fair share and everybody plays by the same rules. we believe in america where no matter what you look like, no matter who you are, no matter where you come from, no matter who you love, you can make it if you try. [ cheers and applause ] that's the country i believe in. >>> jim acosta is covering the romney campaign. jim, one of the interesting things back in 2008 in covering president obama, you knew that there was a sense that he could possibly win whe
and that's our economy. you have to have a strong economy. >> president obama was rallying supporters in virginia beach. that was a couple minutes ago. he talked about creating opportunities for everybody. >> we don't believe anybody is entitled to success in this country. we don't believe government should help folks who aren't willing to try to help themselves. but we do believe in something called opportunity. we do believe in a country where hard work pays off, where...
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what is your sense of the american economy? there are some signs that the economy is actually beginning to recover. housing is back. but yet the actual gdp numbers don't seem to move much. what do you think? >> there are some good sighs. housing is back a boon in ener. that could be a real wild card for us because low-cost energy dependence should be a goal, and consumers have paid down a lot of debt. the bad side of the ledger is there is increasing debt at the state and federal level. if you think back, in 1982, there was a large outcry when the national debt passed 1 trillion. we are now netting 1 trillion per year. it's close to 16 trillion adding 1 trillion per year. soon the interest on the debt could equal the whole debt since 1982 when you and i were here. i think it's a solvable problem, though. simpson bowles goes a long way to solving that, and i'm hoping the next president will address that. the president can only do so much. we've got to get the congress together to get the deficit down. you have a road map there i
what is your sense of the american economy? there are some signs that the economy is actually beginning to recover. housing is back. but yet the actual gdp numbers don't seem to move much. what do you think? >> there are some good sighs. housing is back a boon in ener. that could be a real wild card for us because low-cost energy dependence should be a goal, and consumers have paid down a lot of debt. the bad side of the ledger is there is increasing debt at the state and federal level....
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the economy, because the economy's improving with the housing prices yesterday, consumer sentiment up yesterday and also, it fails to recognize that many of republican base, many of them, are social conservatives who care about the economy, but we also care about the moral and spiritual deterioration of our country and i believe that romney needs to speak out and show the distinction between the democrat form, which is embrace gay marriage, doubled down on abortion, which waffled about on whether to include god in the platform. there's never been a time there's a more stark contrast between a democrat and republican. i'm afraid if romney continues this course and doesn't stand and run on the republican platform, i think a lot of evangelical voters may sit this one out. >> republican platform is against abortion. but to protect the life of the mother, in the cases of rape and incest. that's what most americans, the vast majority of americans agree with. are you saying that he should go against with the republican platform, against abortion in all cases? >> i think he needs to make clea
the economy, because the economy's improving with the housing prices yesterday, consumer sentiment up yesterday and also, it fails to recognize that many of republican base, many of them, are social conservatives who care about the economy, but we also care about the moral and spiritual deterioration of our country and i believe that romney needs to speak out and show the distinction between the democrat form, which is embrace gay marriage, doubled down on abortion, which waffled about on...
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what is your sense of the american economy? there are some signs that the economy is actually beginning to recover. housing is back. but yet the actual gdp numbers don't seem to move much. what do you think? >> there are some good sighs. housing has moved back a little bit. we've had a boon in energy. so -- and consumers have paid down a lot of debt. the bad side is there's an increasing government debt at the state and federal level. if you think back in 1982 this was a large outcry when the national debt passed 1 trillion. we're now adding 1 trillion per euro. soon the interest of the national debt could equal the whole amount in 1982 when you and i were here. i think it's a huge problem and a real problem. i'm hopeful that when the government forms that cob will address this problem. we've had such a polarized cob. that's part of the whole problem. the president can onto do so much. 've got to get congress in involved. the roadmap doesn't cut it down entirely. what i love about bain capital, we had republicans, democrats. re
what is your sense of the american economy? there are some signs that the economy is actually beginning to recover. housing is back. but yet the actual gdp numbers don't seem to move much. what do you think? >> there are some good sighs. housing has moved back a little bit. we've had a boon in energy. so -- and consumers have paid down a lot of debt. the bad side is there's an increasing government debt at the state and federal level. if you think back in 1982 this was a large outcry when...
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. >> it is time to get the real refs and you know what, it reminds me of president obama and the economy. if you can't get it right it's time to get out. >> all right. well, other than that, if we all agree, what is the hold-up? mitch albom is "outfront" tonight. he's author of "the time keeper." number one fiction on "the new york times" best-seller list. mitch, great to see you. it's obviously been reported two sides are meeting today. what are the odds that this is going to get settled? >> not so great. they are actually still pretty far apart. you would wonder why a league that makes $9 billion in revenue is worried about maybe about $10 million apart on a package for the referees, but it's a bit of a power struggle going on and those on the inside say even with all this controversy and these terrible -- it wasn't just that one, it was a whole weekend's worth of bad plays, it still may not be settled any time immediately. >> let's go through some of the sticking points, just because i found it so ironic that you have governors who don't like unions saying bring back the union refs. t
. >> it is time to get the real refs and you know what, it reminds me of president obama and the economy. if you can't get it right it's time to get out. >> all right. well, other than that, if we all agree, what is the hold-up? mitch albom is "outfront" tonight. he's author of "the time keeper." number one fiction on "the new york times" best-seller list. mitch, great to see you. it's obviously been reported two sides are meeting today. what are the...
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Sep 28, 2012
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obama has advantages over romney on the economy and a range of issues. one thing that stood out in the poll is that a lot of voters didn't like how obama's handling the situation in libya. and the romney campaign sort of sees that as well which is why you see them hitting obama so hard on this lately. but there is still a problem here for romney. this is why the debates are so important. romney wants to change the fundamental structure of this race with this debate coming up next wednesday. remember, over 50 million people watched the first presidential debate in 2008. this is going to be a big moment coming up next week, fred, for mitt romney. >> well, let's shift to the u.s. senate and how pivotal any race could be. the democrats have a six-seat majority, but they're defending 23 seats in the election, with republicans defending just 10. so what would give the republicans a pretty good shot at seizing a 51-seat majority, but they also have a big problem and that is that race in missouri. >> yes. that race in missouri between todd akin, he of legitimate
obama has advantages over romney on the economy and a range of issues. one thing that stood out in the poll is that a lot of voters didn't like how obama's handling the situation in libya. and the romney campaign sort of sees that as well which is why you see them hitting obama so hard on this lately. but there is still a problem here for romney. this is why the debates are so important. romney wants to change the fundamental structure of this race with this debate coming up next wednesday....
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the economy is not doing well. what's going on? >> the consumer confidence is taken from the third quarter, right? that was the second quarter. in the second quarter we had the drought and that was something that suppressed economic technology and it is going to be overcome. the question is, are people feeling a little bit better now as we get closer to the election because the economy isn't -- >> you're saying it's an anomaly. >> it's a rear view mirror indicator and now people are looking forward. you look at the polls over and over again and majority of people say feels bad now, but i think it's going to get better next year and optimism is something that counts in the economy and you're starting to get a little optimism and one reason i thank you guys is because this was an emergency for four years and now bad things about the economy have become chronic, not emergency any more. people in a weird way are getting used to the fact they have to lower their expectations. i keep saying that it's been four years, exa
the economy is not doing well. what's going on? >> the consumer confidence is taken from the third quarter, right? that was the second quarter. in the second quarter we had the drought and that was something that suppressed economic technology and it is going to be overcome. the question is, are people feeling a little bit better now as we get closer to the election because the economy isn't -- >> you're saying it's an anomaly. >> it's a rear view mirror indicator and now...
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they're going to start talking about the economy. why the deficit's been above $1 trillion now four years running, and maybe if the moderators get into it, what's happening in the middle east, and what they think they can do about it. i think that governor romney's plan's going to be to try to stick to the substance because i think the country knows we need a change. >> i'm only half joking about kicking out of the room. metaphorically, a lot of republicans want to see mitt romney do just that to the president. they want to see him verbally beat him up and make the points that you've made crystal clear and win the argument. but there's another argument that says that one of mitt romney's problems is he's not likeable enough and he may need to turn on the kind of easy ronald reagan charm which he deployed so successfully in debate. it's a fine line, isn't it, between being hard and aggressive and making a point, but also coming over as likeable. >> right. and piers, really, the way to deal with that, and i think this is true for any d
they're going to start talking about the economy. why the deficit's been above $1 trillion now four years running, and maybe if the moderators get into it, what's happening in the middle east, and what they think they can do about it. i think that governor romney's plan's going to be to try to stick to the substance because i think the country knows we need a change. >> i'm only half joking about kicking out of the room. metaphorically, a lot of republicans want to see mitt romney do just...
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. >> and his take on president obama and the economy. how has he managed to avoid public retribution for not fixing the economy better than he has done? >> because this is not a normal time. >> plus his extraordinary work with the clinton global initiative. >> we don't have to produce miracles. all we have to produce is progress. we just keep pushing these rocks up the hill. >> is the world ready for a clinton back in the office? >> i can run for president of ireland because of my irish heritage. >> this is "piers morgan tonight." good evening. the most powerful man and woman in the world are gathered in new york tonight at the u.n. and across town at the clinton global initiative. president obama spoke at cgi today. we'll get to that in a moment. he had tough talk on iran's nuclear program. >> let me be clear. america wants to resolve this through diplomacy and we believe that there is still time and space to do so. but that time is not unlimited. >> with just 42 days to go until the election, mitt romney blasted iran in his speech to t
. >> and his take on president obama and the economy. how has he managed to avoid public retribution for not fixing the economy better than he has done? >> because this is not a normal time. >> plus his extraordinary work with the clinton global initiative. >> we don't have to produce miracles. all we have to produce is progress. we just keep pushing these rocks up the hill. >> is the world ready for a clinton back in the office? >> i can run for president of...
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i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. turn to senokot-s tablets. senokot-s has a natural vegetable laxative ingredient plus the comfort of a stool softener for gentle, overnight relief of occasional constipation. go to senokot-s.com for savings. of occasional constipation. you see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. > a new report by the aid group save the children describes syrian kids reeling from trauma after witnessing the horrors of war for more than 18 months. in the r
i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. turn to senokot-s tablets. senokot-s has a natural vegetable laxative ingredient plus the comfort of a stool softener for gentle, overnight relief of occasional constipation. go to senokot-s.com for savings. of occasional...
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everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. > a new report by the aid group save the children describes syrian kids reeling from trauma after witnessing the horrors of war for more than 18 months. in the report, children talk about seeing family members killed in all manner of horrific ways. they describe seeing other kids slaughtered and used as human shields. the report recalled untold atrocities. bill neely got a look at the front line and here's what he saw. >> reporter: he is ready to kill. a syrian army sniper aims through a crack in the wall. this is the hidden front line. from their firing point, they target rebel positions just 50 yards away. every day, men die here. this is the heart of the war, homs, and here it is stalemate. the streets here are so deadly, we moved through holes in walls and houses, up to near darkness and another sniper. he
everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. > a new report by the aid group save the children describes syrian kids reeling from trauma after witnessing the horrors of war for more than 18 months. in the report, children talk about seeing family members killed in all manner of...
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happened, it's gone the other way on the economy. he's been losing that argument. what do you think of that? was paul ryan with hindsight the wrong choice? >> hindsight is 20/20. we can look back on it and see all the reasons why it didn't work. you can see what they were trying to do, they were trying to tap into the tea party enthusiasm on the far right and if you could energize that base and get them excited, maybe that could be -- propel his candidacy forward. the other thing was they actually thought they could have some sort of big idea conversation, but the problem is that mitt romney does not want to have a big idea conversation, because he wants to run away from the specifics of big ideas and the one big idea that they are talking about, they're losing on which is in all of those swing states, they're losing this battle over who will better handle medicare. that's the problem. >> kristen soltis, that is undeniab undeniable. that has got to be laid at the floor of paul ryan. he was brought in specifically to win that argument
happened, it's gone the other way on the economy. he's been losing that argument. what do you think of that? was paul ryan with hindsight the wrong choice? >> hindsight is 20/20. we can look back on it and see all the reasons why it didn't work. you can see what they were trying to do, they were trying to tap into the tea party enthusiasm on the far right and if you could energize that base and get them excited, maybe that could be -- propel his candidacy forward. the other thing was they...
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how is the economy doing? joined by alison kosik, new york stock exchange, to talk a little bit about this. alison, the candidates will be pressing each other on the whole issue of jobs. what does the picture look like for jobs? >> you know, with jobs, it is improving slowly, but the reality is it is just not great. we got another little sliver of information today from adp, it said private sector employment gained by 162,000 jobs in september, but this is just a clue of what to expect on friday from the government jobs report. that's really the biggie, the report that counts. it factors in the private sector jobs, it counts government jobs which actually have been shrinking and the expectation is that the economy added 110,000 jobs in september. and, you know, that would be just be okay, because the reality is we have got a long way to go. in early 2009, the economy lost over 800,000 jobs a month. this by the way is the year that president obama took office. compared to that, 110,000 on friday would be good.
how is the economy doing? joined by alison kosik, new york stock exchange, to talk a little bit about this. alison, the candidates will be pressing each other on the whole issue of jobs. what does the picture look like for jobs? >> you know, with jobs, it is improving slowly, but the reality is it is just not great. we got another little sliver of information today from adp, it said private sector employment gained by 162,000 jobs in september, but this is just a clue of what to expect on...
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billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ we've got to think long term. we've got to think long term. i i had pain in my abdomen...g. it just wouldn't go away. i was spotting, but i had already gone through menopause. these symptoms may be nothing... but they could be early warning signs of a gynecologic cancer, such as cervical, ovarian, or uterine cancer. feeling bloated for no reason. that's what i remember. seeing my doctor probably saved my life. warning signs are not the same for everyone. if you think something's wrong... see your doctor. ask about gynecologic cancer. and get the inside knowledge. >>> a new report by the aid group save the children describes syrian kids reeling from trauma after witnessing the horrors of war for more than 18 months. in the report, children talk about seeing family members killed in all manner of horrific ways. they describe seeing other kids slaughtered and used as human shields. the report recalled untold atrocities. bill
billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ we've got to think long term. we've got to think long term. i i had pain in my abdomen...g. it just wouldn't go away. i was spotting, but i had already gone through menopause. these symptoms may be nothing... but they could be early warning signs of a gynecologic cancer, such as cervical, ovarian, or uterine cancer. feeling bloated for no reason....
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in addition, as we said, there's new polling out tonight with a special focus on the economy. i talked about it earlier with chief national correspondent john king and chief political analyst gloria borger. so john, new polling out today from the "washington post" focuses on two of the most critical states in the election cycle, obviously ohio and florida. what do they show? >> they show bad news for governor romney heading into the big week of the first debate. ohio without a doubt a must-win state for governor romney. here's the new "the washington post" poll. you see the numbers right here. the president above 50, six-point lead in the state of ohio. that's one poll. but if you put together what we call a poll of polls, looking at now a half dozen polls conducted over the past two weeks, look what you get. a six-point lead for the president of the united states and again, a must-win state for mitt romney. that is the state of ohio. another must-win, i can give you a mathematical scenario for romney to win without florida but it's very difficult. so what about florida? two n
in addition, as we said, there's new polling out tonight with a special focus on the economy. i talked about it earlier with chief national correspondent john king and chief political analyst gloria borger. so john, new polling out today from the "washington post" focuses on two of the most critical states in the election cycle, obviously ohio and florida. what do they show? >> they show bad news for governor romney heading into the big week of the first debate. ohio without a...
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russia's economy is growing at 4%. our economy is growing at 1.3%. yeah. we're on a very different road than what i think the world expects for the people of the united states of america, and if i'm elected president of this country,ly get us back on a road of growth and prosperity and strength. [ cheering ] >> now, as we've seen over the last year, the world needs american leadership. i think we look around, and we say why is it we're at the mercy of events? why are we not shaping events? the other day -- i mean, the other day the president said that, you know, he has a vision for what's going to happen in the middle east, but there are going to be bumps in the road along the way. i don't consider 20,000 or 30,000 people dying in syria just a bump in the road or a muslim brotherhood president in egypt a bump in the road. i don't consider the killing of our diplomats in libya as a bump in the road, and i sure as heck don't consider iran becoming nuclear a bump in the road. we need someone who recognizes the seriousness of what's ahead and is willing to lea
russia's economy is growing at 4%. our economy is growing at 1.3%. yeah. we're on a very different road than what i think the world expects for the people of the united states of america, and if i'm elected president of this country,ly get us back on a road of growth and prosperity and strength. [ cheering ] >> now, as we've seen over the last year, the world needs american leadership. i think we look around, and we say why is it we're at the mercy of events? why are we not shaping...